GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Subscription Agreements Extension & DSO Update, page-36

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  1. 4,980 Posts.
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    So basically GMC is will raise $75 for the 5,000 New Shares offered with estimated expenses of the Offer are approximately $4,000, including ASIC, ASX and legal costs to enable someone to be able to sell 62,500,000 GMC shares?

    Given, they only acquired these recently, why are they so eager to sell if DSO is around the corner?
    Last edited by tt2000: 02/04/19
 
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